Raley’s acquires property for the future flagship store in the town of Truckee, CA

Fair Oaks, CA, 2017-May-02 — /EPR Retail News/ — Raley’s advances forward with plans to build a new flagship store in the town of Truckee.

This past week, JMA Ventures successfully acquired the property located at Joerger Ranch on the corner of Highway 267 and Soaring Way, adjacent to the Truckee Tahoe Airport. The project will be developed in multiple phases and will consist of 16 acres for a lifestyle, mixed-use commercial center that will serve as a local and regional destination.

The first development phase will be anchored by a new 35,000 square foot Raley’s store and will serve both Truckee area residents and vacationers visiting the Sierra Nevada-Truckee Tahoe region. This phase will also include an additional 20 to 24,000 square feet of specialty retail. Raley’s is committed to developing a store that compliments the Truckee community. The store will have increased amenities and an expanded food service department including restaurant-quality, grab-and-go options to serve as customers’ one-stop-shop. And, the store decor will reflect the rustic mountain appeal native to the region.

“Raley’s is moving forward developing our store in Truckee; we are excited to provide the community with an innovative food shopping experience,” said Keith Knopf, Raley’s President & Chief Operating Officer. “Truckee represents an important addition for Raley’s strategic growth plan designed to deliver on our vision of infusing life with health and happiness.”

“We are very excited to hit this important milestone as we bring this new development to life,” said Todd Chapman, CEO, JMA Ventures LLC. “We are confident that this mixed-use project will help to enhance and revitalize the retail shopping experience in the region.”

The new center’s leasing will be handled by Ariel Fox and Hilary Parker of Retail West Inc (www.retailwestinc.com). “We are thrilled to be working on this project with Raley’s and JMA Ventures,” said Ariel Fox. “We want to help develop a gathering place for the community with a mix of great local, regional, and national retail and dining.”

SOURCE: Raley’s

For information about our stores, please contact Chelsea Minor, Director of PR and Public Affairs at CMinor1@raleys.com.

Raley’s announces new store in Truckee, Nevada County

Fourth new market expansion in the last nine months

Fair Oaks, CA, 2016-Jun-15 — /EPR Retail News/ — Raley’s is proud to announce a new store in in the Town of Truckee in Nevada County. Raley’s, in partnership with JMA Ventures LLC, plans to develop a new retail center at the corner of Highway 267 and Soaring Way, adjacent to the Truckee Airport.

The new retail center will be designed to fit the Truckee community with natural wood elements and inspired by lodge-style architecture. The new 35,000 square foot flagship store will serve residents and those visiting the area. Consistent with Raley’s commitment to sustainability, this store will incorporate leading technology in energy conversation and water management.

Customers will experience a full-service store with an extensive assortment of fresh, healthy and high-quality food, including natural and organic offerings. Special emphasis on specialty services, including restaurant-quality grab-and-go options.

“As we move forward on our journey of health and wellness, Truckee is an important location to enhance our vision,” said Michael Teel, President, CEO & owner, Raley’s. “We are looking forward to serving the Truckee community with an exceptional shopping and food experience, all four seasons of the year.”

In addition to the Raley’s store, the first phase of the center will include an additional 15,000 square feet of retail space. The new retail space will create an estimated 140 jobs to the local community.

“We are very proud and excited about our partnership with Raley’s and the Town and this investment further cements JMA’s confidence in and commitment to the Truckee-Tahoe region,” said Todd Chapman, CEO, JMA Ventures LLC.

Subject to Town of Truckee approval, the new retail center plans to begin construction in late 2017 with a targeted completion of mid-2018. This new location is Raley’s fourth new market expansion in the last nine months.

For information about our stores, please contact Chelsea Minor, Director of PR and Public Affairs at CMinor1@raleys.com.

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Raley’s announces new store in Truckee, Nevada County

Raley’s announces new store in Truckee, Nevada County